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submitted 1 year ago by Grappling7155@lemmy.ca to c/canada@lemmy.ca
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[-] teppa@piefed.ca -2 points 1 year ago* (last edited 1 year ago)

Its not crypto, its a treasury backed digital currency. Though crypto is fine too if someone wants to hold a sovereign asset, or a digital currency backed by gold, or shares of the S&P500, anything people want to use as a medium of exchange.

Arguing we are already in a fair society where the rich arent catered to is silly to me, look at stock valuations and price to income ratios on real estate. All that currency debasement hasn't helped the poor one iota.

this post was submitted on 30 Jun 2025
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